CareDx
CDNA
154 hedge funds and large institutions have $492M invested in CareDx in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 56 reducing their positions, and 21 closing their positions.
17% more call options, than puts
Call options by funds: $335K | Put options by funds: $287K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 56
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
1.15% less ownership
Funds ownership: 108.67% → 107.52% (-1.2%)
1% less funds holding
Funds holding: 156 → 154 (-2)
8% less capital invested
Capital invested by funds: $535M → $492M (-$43.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.96M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$5.77M |
| 3 |
D.E. Shaw & Co
New York
|
+$3.35M |
| 4 |
RA
Royce & Associates
New York
|
+$2.99M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$11.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.05M |
| 3 |
State Street
Boston,
Massachusetts
|
-$5.79M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$4.06M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.5M |
CDNA Hedge Fund Activity: Q2 2023 in Review
154 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q2 2023, worth a combined $492M — down 8.1% from $535M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of CDNA and 19 opened new positions — a net loss of 2 holders — while 56 trimmed existing stakes and 54 added.
The largest buyer was BlackRock, adding an estimated $8.96M. The largest seller was Millennium Management, cutting an estimated $11.1M.
- 154 institutional investors held CareDx (CDNA) as of Q2 2023, down from 156 in Q1 2023.
- Funds reported $492M of CareDx stock for Q2 2023, down 8.1% quarter-over-quarter.
- 19 funds opened new CareDx positions in Q2 2023 and 21 closed out, a net change of -2 holders.
- The largest CareDx buyer in Q2 2023 was BlackRock, an estimated $8.96M added.
- The largest CareDx seller in Q2 2023 was Millennium Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q2 2023.